CONVEYANCING. 221

preserve same, and any expense incurred in connection therewith shall be
included in and secured by the lien of said mortgage.

]39o. ch. 281, sec. 54N.

54N. Foreclosure and Power of Sale. In addition to any other meth-
ods of foreclosing chattel mortgages under the laws of this state, chattel
mortgages executed under and pursuant to this sub-title may be foreclosed
in the manner provided for in said mortgage. Where such mortgage con-
tains a power of sale the same may be foreclosed upon compliance with
the provisions of sale as set out in said mortgage; provided, all sales are
made at public auction.

1935, ch. 281, sec. 54-O.

54-0. Construction and Effect. This sub-title shall be liberally con-
strued to effectuate the purposes hereof and substantial compliance here-
with shall be sufficient hereunder. The provisions of this sub-title, so far
as the same are applicable, shall govern and control chattel mortgages given
under and pursuant hereto. If any provision of this sub-title, or the
application thereof to any person or circumstances, is held invalid, the
remainder of the sub-title, and the application of such provisions to other
persons or circumstances, shall not be affected thereby. All laws or clauses
of laws in conflict herewith are hereby repealed.

Conditional Contracts of Sale.

An. Code. 1924, sec. 55. 1912, sec. 53A. 1916, ch. 355, sec. 53B. 1931, ch. 402.

55. Every note, sale or contract for the sale of goods and chattels,
wherein the title thereto, or a lien thereon, is reserved until the same be
paid in whole or in part, or the transfer of title is made to depend upon
any condition therein expressed and possession is to be delivered to the
vendee, shall, in respect to such reservation and condition, be void as to
third parties without notice until such note, sale or contract be in writing,
signed by the vendee, and be recorded in the Clerk's office of the Superior
Court of Baltimore City, or in the Clerk's office of the Circuit Courts of
the various counties, as the case may be, where the vendee resides, or in
the case of a corporate or partnership vendee, then where such vendee
has its principal place of business in the State of Maryland; and such
recording shall be sufficient to give actual or constructive notice to third
parties when a memorandum of the paper writing signed by the vendee
or vendees, setting forth the date thereof, the amount due thereon, when
and how payable and a brief description of the goods and chattels therein
mentioned shall have been recorded with the Clerk aforesaid, but it shall
not be necessary that said paper writing shall be acknowledged or an
affidavit made to the consideration therein expressed as in the case of
bills of sale.

Reservation of title in a conditional sale, though unrecorded, is valid between
parties and as to antecedent creditors or purchasers, though void as to subse-